The Private Provision of Public Services in Developing Countries, by
Gabriel Roth
(New York: Oxford University Press, 1987). A careful and readable study
of the
prospects for privatization in developing nations, including case studies
of
education, electricity, health, telecommunications, urban transport, and
water and
sewage.
Dissent on Development, by P. T. Bauer (Cambridge, Mass.: Harvard
University
Press, 1971 and 1976). A clear and convincing critique of the statist
model of
economic development; demolishes one argument after another.
"The Importance of Political Participation for Sustained Capitalist
Development," by
Grace Goodell in European Journal of Sociology 26 (1985). Shows how
economic
growth rests on a foundation of legal and economic institutions that
involve
entrepreneurs, savers, investors, and consumers in economic
decision-making in a
market economy. Goodell provides the context for us to understand why
"foreign
aid" does not result in economic growth in third world countries.
The Poverty of Development Economics, by Deepak Lal (London: Institute of
Economic Affairs, 1983). Analyzes the major currents of development
economics,
offering a liberal free-market alternative.
Development Economics on Trial, by Polly Hill (New York: Cambridge
University
Press, 1986). An economic anthropologist shows how development "experts"
misconstrue the meaning of indigeneous and spontaneously evolved market
mechanisms, with disastrous consequences.
Development Without Aid: Growth, Poverty, and Government, by Melvyn B.
Krauss (New York: McGraw-Hill, 1983). The biggest obstacle to
development in the
Third World is the state, both local states and the aid-granting welfare
states of the
industrialized nations.
"Development Economics After 40 Years," special issue of Cato Journal 7
(Spring/Summer 1987). Includes many articles on kleptocracy (the rule of
thieves)
in developing nations, and the role of the state in hindering, and the
market in
advancing, economic prosperity.
The Peasant Betrayed: Agriculture and Land Reform in the Third World, by
John P.
Powelson and Richard Stock (Boston: Oelgeschlager, Gunn & Hain, 1987).
Reveals
the damaging effects of land reform plans administered by the state. The
net effect is
usually to concentrate authority and power in the central state.
The Rational Peasant: The Political Economy of Rural Society in Vietnam,
by
Samuel Popkin (Berkeley: University of California Press, 1979). Offers a
"political
economy" approach to understanding peasant societies that contrasts with
the anti-
market "moral economy" approach. Considers peasants as "rational problem
solvers."
Prosperity vs. Planning, by David Osterfeld (New York: Oxford University
Press,
1992). Osterfeld shows how state interventionism in poorer nations has
perpetuated
poverty and prevented the emergence of institutions necessary for
prosperity.
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